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  • SERVICES
    • BUSINESS LAW
    • BUSINESS LITIGATION
    • EMPLOYMENT LAW
    • BUSINESS SUCCESSION
    • CONSTRUCTION
    • PROFESSIONAL LICENSE
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    • DISSOLUTION and BUSINESS CLOSURE
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Tag: business sale

The Corporate Conglomerate: When You Own Several Businesses

The corporate conglomerate. This post discusses ways to organize a business structure when one business “owns” (informally speaking) several disparate businesses. I have a client that owns a transportation company, landscaping company, barricade rental, and some other seemingly unrelated companies. Each has their own insurable […]

July 27, 2023July 27, 2023

Memorandum of Lease: How To Protect Your Lease Rights in NC

Memorandum of lease. What is it, why does your North Carolina business care, and what should you do about it. That’s what we’re talking about today. What Is a Memorandum of Lease? In North Carolina, a lease holder may record the fact that it has […]

July 18, 2023

The Master Service Agreement: Is It Right For Your Business

A “master service agreement”, what is it? If your business has repeat customers where the contract terms stay the same, but the payment and scope of work differs with each project, then consider using a master service agreement with that client. What Is In the […]

June 26, 2023June 26, 2023

The Ethics of Commercial Contracts: Bust A Deal, Face The Wheel

Short post today on the ethics of commercial contracts, enforcement, and wisely choosing with whom you do business. Those who have heard me speak at events and the seminars I host on business liability probably heard me say at one point, “Contracts keep honest people honest.”

March 30, 2023June 20, 2023

SELLER FINANCING OF THE SALE OF A SMALL BUSINESS

I’ll start this article by saying that I’m generally against seller financing of the sale of a small business. Too much can go wrong, as I’ll set out below. Let’s define what I mean by “seller financing of the sale of a small business.” A […]

September 29, 2022June 19, 2023

Security Interest, Corporate Debt, and Collateral

At some point your business may have to incur corporate debt in order to fund operations like payroll or purchase of raw materials; expansion; or a partner buyout. Here I discuss corporate debt, collateral, and security interests.

July 25, 2019June 20, 2023

Asset Purchase Agreement: Selling or Buying a Business

The asset purchase agreement is a way to buy the good parts of an existing business while leaving the liabilities or undesired assets behind for the seller.

July 15, 2019November 18, 2022
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